The Bank of Canada has unveiled a new $20 bill featuring a linework image of King Charles III, who appears on a Canadian banknote for the first time in over 70 years. The design, which was executed by Canadian engraver Jorge Rodrigo Peral and based on a 2024 photograph, features the King's portrait displayed vertically on the bill. The back of the bill shows an image of the Canadian National Vimy Memorial in France, which commemorates the 3,600 Canadians who died at the Battle of Vimy Ridge during World War I in 1917. This is the second vertical banknote design to be introduced by the Bank of Canada. King Charles III became King after the death of his mother, Queen Elizabeth II, whose time on the $20 bill has now exceeded her 70-year reign. The new banknotes are scheduled to circulate starting in February next year.
| Signal | Value | Weight |
|---|---|---|
| Correction rate | 0.075 | 0.4 |
| Uncertainty density | 0.069 | 0.25 |
| Assertive mismatch rate | 1.000 | 0.35 |